7. New York ($41,500 per acre)
On seventh place we have New York with estimated value of land around $41,500 per acre. With 30.1 million acres of land available in this Empire State, its total land value is $1.2 trillion. That is the third highest among other states. As the home to many luxury penthouses and one of the cities with the world’s highest property price, it should come as no surprise.
Spread across the state’s area, there are nearly twenty million inhabitants. Among them are Donald Trump, Tom Cruise, Woody Allen, Jay Z, and the all-time richest basketball player, Michael Jordan. So, in terms of population density, New York is also ranked seventh with 417 people per one square mile.
To paint you a picture, here are some actual prices of property for sale in New York:
- 13 acres of open residential land with 10-acre of lake in Livingston, Columbia County is on sale for $259,900.
- A 0.035-acre house in the same area, with three bedrooms and two bathrooms is on sale for $329,000.
